Ruto man Ndii rules out new negotiations with IMF team

A standoff between Kenya and the IMF over a new multi-billion-dollar loan programme deepened last week after David Ndii, declared that the country was “not negotiating” with the lender...

✨ Key Highlights

A significant disagreement has emerged between Kenya and the International Monetary Fund (IMF) regarding a new loan program, following conflicting statements from key figures within the Kenyan government.

Dr. David Ndii, former economic advisor to President Ruto, stated that Kenya is "not negotiating" with the IMF, directly contradicting the Treasury.
The standoff occurred as an IMF team concluded a visit to Nairobi without securing a deal for a new multi-billion-dollar loan programme.
This internal contradiction undermines the Treasury's position on ongoing discussions with the international lender.

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